Spectra is an open DeFi protocol for interest rate derivatives, enabling fixed rates, yield trading, and permissionless pool creation.
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Spectra is an open-source, EVM-based protocol designed for interest rate derivatives. It facilitates permissionless pool creation, yield trading, and the establishment of fixed interest rates. Users can secure fixed rates on their yield strategies, trade and arbitrage interest rates across DeFi platforms, and boost their earnings by providing liquidity. The protocol is governed by the SPECTRA token, which, when locked, becomes veSPECTRA, granting voting power in governance decisions and access to weekly gauges. Spectra's open nature encourages developers to build on its foundation, fueling innovation in the DeFi space.
As of now, Spectra is trading at 0.024799 USD, with a 24-hour trading volume of approximately 0 USD. The SPECTRA to USD price is updated in real time. Over the past 24 hours, Spectra has decreased by 0%. It remains the top-ranked cryptocurrency on CMC.IO, with a market capitalization of about 8.65M USD. Currently, there are 348 906 650 SPECTRA in circulation out of a maximum supply of 560 203 735 SPECTRA.
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